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Bloomberg Businessweek Weekend - June 14th, 2024
Bloomberg Businessweek
Economic Integration Between US and Mexico Benefiting Both Countries
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The economic integration between the US and Mexico has resulted in mutual benefits, where imported goods from Mexico often contain 40% of value created by American labor. In contrast, imports from China only have 3% American value add. The speaker highlights that failures leading to job losses were homemade, and emphasizes the importance of acknowledging these aspects.
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